The price of bitcoin reached all time high not long ago in some days back, but it was unable to increase to $20000. Now we should consider bitcoin to reach a price $20000 before there can be positive effect of price inclination, but bitcoin got a strong resistance at $1990 or a price slightly below, and it was a very strong resistance. Because of this, it is very possible that bitcoin price will get decreased if the price does not cross $20000. Now bitcoin is falling, the fist support that was predicted was $18600 while bitcoin has fallen below that price, the second predicted support is $17800, if bitcoin could fall below that price, then be expecting bitcoin to bull back to $16400 or a price below. But if the support is strong at $17800, very possible bitcoin will still rally back to $19000 or a price above.

The best you can do is to look for people that are learned among them and introduce bitcoin to them like starting by telling them what cryptocurrencies are and how bitcoin has been the first and the strongest of all amount all cryptocurrencies. You do not need to explain much about blockchain first to them, just let them know that it is a ledger where bitcoin is safesed. Also you can then explain what bitcoin wallets are, that it is used to store the keys. The explain what private keys and public keys are and why they should keep their keys from attackers. Then you can tell them about bitcoin address and how it is similar to banks, you will tell them to be careful of malware and other means they can be affected. Make sure they are all learned and also computer literates, this will help them to easily know more about bitcoin and some of them will be willing to deal with bitcoin.

You are right, ones there is a single leak, then all privacy is lost. But that is why tumblers will be good, like the wasabi wallet or mixer that will mix the coin. What the governments are trying to do is to make sure citizens are not able to have online privacy but there should always still be ways to have the privacy but this can be very hard but yet achieveable.

If in relation to the Corona virus pandemic that people are thinking 2021 will not be good, they are just very wrong. The virus may not be fully eradicated that could lead to its extinction but the pandemic will become the thing of the past likely in 2021. The pandemic is likely reducing now and with more vaccines, the pandemic will be gone. I believe there will be increase in work force by next year in response to what the pandemic has caused in 2020 in which making 2021 to be good if there will be no another pandemic of another virus or something similar.

The OP is getting the whole thing wrong and likely he is just new to trading or he is not trading at all.

Investing means holding while trading means short term trades

Investors
They do hold for long term and long term alone, ranging from 6 months to years.

Traders
They are the ones that make use of short term to trade like arbitrage, day trading and scalping.

How will the USA ban self hostel wallet like they want to out humans into online slavary and lack of freedom. Is it a crime to have a wallet and in a way you want to have privacy unlike what PayPal and coinbase are doing? They just want to take control of everything but saying owners are in control. The custodial ways and the centralized means have even brought nothing than scam to people, that is why their fiat is the basis of money laundering and terrorism financing. There should just be no such thing, else making life worse for their citizens.

Bitcoin.com as the name suggests will be custodial services that this type of company will be providing. I have also truly heard of many people commenting they are representing bitcoin cash in such a wallet you will think it is bitcoin. This kind of a site should not be used both for beginners and experts as they have some ways they make people to think what is false to be truly. I can not suggest this type of site for anyone because it is not recommendable and truthworthy because of their misinterpretations.

Nobody should think of a game to enter until the game has finished and the bettor has won the game, even in some few minutes to the end of a match, the game can still change and go against what bettor staked. That is just game for us, we should see it as fun. There are times I chose the correct score and staked it with just little amount of money and it was correct and won the bet. Even if I lose the game, it took nothing from me because I use little amount for it. I can not just think a game has be won even when it has not finished but until I see the result.

I like your opinion, it is very possible for bitcoin price to increase beyond $400000 but it will take long time before this can be achieved. If we look very well into bitcoin, only 21 million will be mined in total into circulation, and later people will still need bitcoin and buy it, this can lead to increase in price as a result of marketcap increasing. But the marketcap of bitcoin needed for this will be in trillions of dollars which will make it hard and take long time to achieve. And I think we should first talk about bitcoin getting to $50000 first before talking about it getting to $100000 and above, not to yet talking about it getting to $400000.

The institutions are the new whales that have supported bitcoin now, I would not surprise the bitcoin price has not fallen beyond what we can think, the price yet at $19000 up till now, it is just because of the institutional whales. The retailer whales are selling bitcoin while the institutional whales are buying it in a way the price of bitcoin has not fallen in such a way that can result to price crash. MicroStrategy is part of the institutional whales and I still expect them to buy more bitcoin.

Gambling is just a game of luck, because we win today does not guarantee us to win tomorrow, because we win today does not mean we can not lose all the funds won today tomorrow. Some people will have good testimonies today but selling their properties tomorrow all because of gambling. Nobody is a good gambler, that is why if someone is lucky and win huge amount of money should never gamble again or to only use very small amount he was using before because if he go big there is also high tendencies he will lose big.

I will first advice you not to make use of any custodial service because such services will not give you any private key and if you have problem with them you may end up losing your bitcoin, you will have to make use of noncustodial wallet. You will need to look for people that are ready to buy and sell bitcoin. There will be people in your country that still do sell bitcoin, you can make use of decentralized exchanges that accepts p2p or buy p2p through legit platforms like mycelium local trader. But, be very careful not to fall into scammers tactics because there will be people that will want to scam you.

But to be on the safer side, just do not use bitcoin if your governments are criminalising people that are using it.

You mean how you can explain bitcoin to someone? You will need to read about that online. Bitcoin is a deflationary currency that was created in 2009 by Satoshi Nakamoto, it is an asset because it has a limited supply which will push its price higher over long term as people are also buying it.

I do not know if retail investors accumulate ether or not, but if they do it is as a result of ethereum 2.0 which was launched in December 2020. But because of that, thinking ether will out perform bitcoin, you can be very wrong, and you indicated before the end of this year. With what I have analysed, be it ether accumulation by retail investors or not, if bitcoin does not surpass $20000, do not also see ether to surpass $690 in price. The recent accumulation is because of ethereum 2.0 which I said earlier, it is new and people are staking ether but it will still not be new again.

There is nothing impossible that can not happen, some coins can just be favoured, like me do think litecoin should have more adoption like its marketcap that should be over $20 billion now, but it is not yet even $7 billion. But in my opinion, I do not see anything special about litecoin that will make it perform more than bitcoin, but holding it is not bad because of 2021 favours cryptocurrencies, litecoin will also be favoured, but litecoin is not worth to be compared with bitcoin as people are preferring to buy more of bitcoin.

You do not invest in short term, you trade in short term while investing is used for long term (holding). Also what you said is true but it is just because we are still in the bullish trend. There will be a time the bearish market will occur, also know that even there are times the market is not that bullish and bearish but short term trading still risky. I am not disputing short term trading not to be good but we need to be careful as it is more risky than beginners can think of.

It depends, some would have job while some would not, also some were once student. Just know that some will have job because it is from the money they get from the job they bought bitcoin, while some might have known the benefit bitcoin will bring and start mining bitcoin. At the time I believe some students that were exposed to what bitcoin was were also able to use their computers to mine bitcoin, bitcoin mining difficulty was not an issue at the time, and they mine thousands of bitcoin in a month. So it depends on life experience of individuals, some may not have job but even mining bitcoin to sell in order to get sell it for fiat and accumulatimg part of it.

I can not forget what happened recently to me, I was able to learn margin trading, I traded litecoin immediately, I sent 125 USD to my margin account, and used it to borrow $1250 worth of litecoin. Litecoin was at $64 at that time, the liquidity price was at $60. Litecoin falled not long after, it decreased to $58 and my fund was liquidated. But after the price fall to $58, the $90 rally of litecoin started, what could have turned into profit for me.

Stable coins can be a safe haven during:

1. Price downside of unstable cryptocurrencies
2. Also by a way of keeping money safe. I do not know how Libra will work but as for other stable coins that I know, you can make use of hardware wallet to hold many of them with you privacy not breached to the outside world. I like cryptocurrencies for that.

Libra will truly attract people because it is a stable coin and it will be launched by a famous Facebook owner.

I like the trailing stop order, but I have not used it before, but with this article, I can be able to understand that if someone trade,m and the market price of the coin is increasing, the trailing stop order will also make the price atwjich the stop lose will be to increase, I think this is just good as I do not have to be watching my trades often daily. But, I am still confused, if to establish the ideal distance can be difficult, which means this can go wrong in a way that if price is not favoring can still lead to losses. I am currently still using limit order which is still useful for beginners like me.

In my opinion, I think investment is not much risky as people do comment, there was a time bitcoin was $19600 in 2017 but decrease and increased over time and reach another all time high in 2020. If people can invest in bitcoin, over a long time period, the price will increase which will make their wealth to increase too. I prefer it to having fiats in bank or as a retirement account because of its davaluation. Bitcoin is just limited in supply, the price can increase today and decrease tomorrow but over long time period the price will have a net increase.